Disqus - Latest Comments for valto

Re: A Good Sign: Corporates Joining The Startup Game

valto — Thu, 26 Feb 2015 13:54:32 -0000

I think Fonecta should be in list. Elisa also via nestholma. Also here is one model still in progress. http://www.hel.fi/www/uutis... more details will be announced soon

Re: Pirstaleinen rahoitus hyydyttää

valto — Tue, 02 Sep 2014 04:07:50 -0000

Myös yrityksen eri vaiheissa tarvitaan aivan eri keinoja ja erilaisia sijoituksia. Alussa enemmän osaamisen kehittämistä ja vähemmän rahaa ja jatkossa enemmän rahaa ja osaamisen laajentamista ja skaalaamista.

http://www.newcofactory.fi/...

Ja myös kun Amerikasta halutaan ottaa mallia, niin on hyvä ymmärtä että myös kyseisen maan rahoitusmarkkinassa on suuria eroja esim. jos kahden ison alueen kesken (New York ja Silicon Valley). Ja myös siellä uudistetaan rahoitusmalleja agressiivisesti (sillä perinteinen VC malli on jo todettu monella tavalla ongelmalliseksi). ks. esim. http://premoney.co/

Sillä oikeastaan ainoastaan parasmaineisemmat VC tuottaa hyvää tulosta omille sijoittajilleen, mutta enemmän maineensa (houkuttelee parhaista yrityksistä parhaat, joista valitsee vain parhaat), eikä toimintamallinsa johdosta. Ja tuota mainetta ei voi kopioida.

ks. esim.

Asiantuntijan on hyvä vertailla esim. NY ja SF alueiden tyypillisiä sijoitussummia ja onnistumisia http://www.cbinsights.com/b...

Joten kun Euroopassa malleja kehitetään ei kannata ottaa mallia USA vanhasta VC mallista vaan siellä jo tuleksellisesti toimivista uusista malleista, esim. http://www.quora.com/What-i...

Ja sitten Rikua kompatakseni, rahalla ei osteta asennetta eikä varsinkaan sitoutumista rakentaa menestyksiä, kyllä kompetenssi pitää saada sitoutettua omistuksella, ei upfront rahalla.

Ja kyllä myös rahoitusmallia siis pitää kehittää, erityisesti prosesseja nopeuttaa ja virtaviivaistaa ja muuttaa tukirahaa (vaativaksi) sijoitusmuotoiseksi rahaksi.

Täällä myös lisää hyvää keskustelua aiheesta:

https://www.linkedin.com/gr...

Re: Crowdfunding's Wild West Awaits a Stampede | Entrepreneur.com

valto — Thu, 29 Mar 2012 05:37:48 -0000

Here is a recent podcast with more details on the topic by Carl Esposti - http://www.growvc.com/blog/... for those looking to start catering for the Wild West (ie new market that is emerging), this should be relevant http://www.growvc.com/main/...

Re: What Is The Value Of An Idea?

valto — Mon, 19 Dec 2011 08:47:27 -0000

Michael, 1) I don't think I have received any other comment than the above. 2) have not. If anything, feeling even stronger on the point. Actyally sometimes the value can be even negative, as new ideas can also be distraction ;)

Re: Startup Organizational Charts

valto — Mon, 25 Jul 2011 05:43:49 -0000

Thanks, that looks like a good tool for more traditonal charts at least

Re: Why I Deleted My AngelList Account

valto — Wed, 02 Mar 2011 08:38:54 -0000

Almost two years ago I posted this comment in Fred’s post about "The Venture Capital Math Problem"

--
"I think this just shows that money does not solve problems. The problem here is not too much money, but how it's now distributed.

VC industry is starting to look like the newspaper industry ;) - better to wake up, the blogs are coming...
--

-- Back to today.

Like blogs, there needs to be more channels distributing money to startups and these channels need to have skin in the game. PLEASE NOTE: I’m not saying more money is needed..

It's great to be working in this space globally to develop for the future of funding and now it’s really starting to get many people react to what’s becoming “a very obvious thing”. - Funding startups is about to change forever - and this progress is unstoppable.

“You just can’t put tooth paste back in the tube!”

It’s impossible to think that when the Facebook generation grows up to be an investors in startups, that they would ever accept the way the startup funding is done today (specially in the early stage) and trust me SV have it good as it is, much better than the rest of the world. - For those thinking how undeveloped these new tools are, the thing to understand is that, all this is just a beginning and that tools will continue to develop, as those always do.

After the biggest disruption - everyone involved have found their own new positions in the changed landscape. Those being on the very top of the food chain will do just fine i.e. LP’s and giant VC’s (as long as they keep their eyes open) as will those embrasing these new powertools, learing to read the signals right etc. This change will also generate the new Ron Conway’s of the future and their reach will be much wider than just one part of the world.

A great learning process shared by @fabricegrinda: http://www.fabricegrinda.co... shows an interesting learning progress from the angles perspective in this changing landscape.

Those people in the middle that are fighting against the change will end up just being forgotten - no more dramatic than that.

What’s amazing to see, is that we all (generation internet) can relate to what has happened to news industry, following with so many others - things are so easy to see and now we also start to see how things are settling after the fact, at least for a while. But when the disruption hits to own industry – suddenly those same people that see the other industries being disrupted by internet go into denial when it’s hitting too close to home.

The point I’m making – choosing to close eyes or being in denial does not help, as it’s important to secure your own position in changing landscape. Whatever it is, you need to be sure it’s the best one for you, at least for the time you plan to say in the game – but to do that, you need to keep the “radio on”.

--- repeating what I also said two years back and what I’m saying now.

The money will be spread to more potential startups and more of them will not go via IPO but just buy back their own of shares, mergers between startups etc. with lower ROI. But that's OK if the time for ROI is shorter and cost of management is lower.

So - be more direct, spread wider, lower the management cost, speed up the ROI cycle and you can accept lower ROI.

Check out the full post and the dialogue at: http://www.avc.com/a_vc/200...

Re: Frustration Entrepreneurship Anyone?

valto — Thu, 16 Dec 2010 12:49:46 -0000

So you were one of the lucky ones to be "let go" :)

I hope more people see things the way you do. I rarely meet entrepreneurs that are not happy for the choice they made, even if they failed! - Actually it's really hard to go back after getting the "entrepreneur bug".

Re: What Is The Value Of An Idea?

valto — Thu, 07 Oct 2010 14:09:33 -0000

thanks :) I think the world is so different that what it's been in the past. It's actually much easier to execute on an idea then it is to try and protect it :)

Also I would argue that for any unique idea, there are several people in different parts of the world with the very same idea, but we only hear about those where someone does something.

Re: One VC in Italy? No, two.

valto — Tue, 28 Sep 2010 10:51:07 -0000

Thanks for the update

Re: Venture Capital Conspiracy Theory In The Free World

valto — Thu, 23 Sep 2010 04:17:47 -0000

Yes, agreed. And the biggest value is in the team/people anyway.

Re: Collusion

valto — Wed, 22 Sep 2010 06:38:04 -0000

Exactly the reasons why we want to bring transparency to whole process and online profiles with reputation to this market. Even the basic setting with mystique, lack of transparency, complex terms are hard enough for new/young entrepreneurs - this kinda behavior on top of that is beyond my understanding.

Re: Closing our service investment round & moving on to first funding round

valto — Sat, 29 May 2010 11:04:59 -0000

Thanks for the vote :)

Re: Podcast: Innovations Emerging from the East

valto — Tue, 25 May 2010 13:13:43 -0000

Thanks. Ok, I see your point about LI, did not think about it from that view point. Good to know you are being careful in these matters.

Re: Going Direct

valto — Mon, 24 May 2010 06:54:42 -0000

Thanks for sharing this and for the community you have build. The wisdom you share yourself and what you channel from others for us to take a note is just great. Doing all of this as regular and consistent as you do is highly appreciated.

Re: Ten Challenges for the Finnish Startup Ecosystem

valto — Mon, 24 May 2010 04:05:22 -0000

Thx Ramine, It seems it takes a non fin to give best perspective from finland :) - luckily as you are pointing out there are lot of great developments going on with these issues in many fronts - The best thing I like about most of the initiatives, that those are started and run by entrepreneurs or entrepreneurial people.

Re: Podcast: Innovations Emerging from the East

valto — Sat, 22 May 2010 07:29:28 -0000

Thanks. You are right the audio for this one is particularly crappy, for some reason there is some weird noise coming from somewhere. The strange thing is that while we do the recording, it's not there or it cant be heard.

Anyhow, for next podcast we try to do some adjustments to get the quality better.

Thanks for listening even if it was difficult

Re: Podcast: Innovations Emerging from the East

valto — Fri, 21 May 2010 18:22:05 -0000

Thanks for the comment, it seems that there is some problem with the hosted service at mevio.com. Anyhow, the podcast file in this blog have now been replaced with another source, so that should work. We'll have to see what's wrong with the hosted service.

Re: “The best way to protect your privacy is to understand that you live in public. And act accordingly.”

valto — Fri, 30 Apr 2010 12:39:56 -0000

True. More and more in future the public is default and privacy is something you need to prepare, adjust setting etc. It only makes sense, since that closer to real life anyway. I actually prefer this better. Also makes things easier to understand.

Re: Grow VC Service Investment Round – we do what we teach

valto — Fri, 16 Apr 2010 14:08:46 -0000

You can contact us via serviceinvest@growvc.com and share your idea for what services/resources you would like to offer to Grow VC Venture

If there is an alignment with our strategy and milestones to our current stage, we can negotiate the details for potential agreement.

Re: Singapore sees the value of entrepreneurship

valto — Thu, 04 Mar 2010 06:09:21 -0000

Good. For meetup, you can connect with my co-founder Jouko directly, who's in HK at the moment. twitter: @jahven email: jouko@growvc.com

Re: Singapore sees the value of entrepreneurship

valto — Thu, 04 Mar 2010 04:09:59 -0000

This is very much the same situation everywhere outside the global startup hot spot cities and very much the reason we started with Grow VC. An internet based solution is the only way to really be able to bring these services to markets and help connect local projects to global resources. This way we want to help connect hot spot cities, resources, expertise's etc. to developing startup ecosystems all in one platform. It's not uncommon that the entrepreneurial spirit and will is very strong in developing markets and by enabling more equal resources, interesting results is to be expected.

Re: The new worldwide startup

valto — Tue, 02 Mar 2010 07:20:25 -0000

We are betting big to cater to this global movement http://ow.ly/1daaJ - the new "Silicon Valley" will not be a physical location, it's as simple as that and that's what the smart people in SV have already seen and are now taking action... If anyone need more convincing take a look at this YouTube video: http://ow.ly/1dac4 <- that's a perfect world for entrepreneurs!

Re: Crowdfunding or What?

valto — Tue, 02 Mar 2010 02:50:38 -0000

Forget about "selling" in it's basic annoying form. Like any really good sales person knows, "selling" is all about telling the story behind the "thing" that is been sold. That story can be told in many ways, with words, pictures, etc. The "story" is why the artist is doing what they do and then talking about the art they have created in the past. The best representative and story teller is the artist.

If nobody cares about the story the artist is telling, there will not be audience either and then the artist is only artist to him/herself. In other walks of life those people are called wannabees...

Re: Crowdfunding by Cupcakes

valto — Sat, 27 Feb 2010 04:26:37 -0000

we have some plans around this and it's also connected to our local versions strategy

Re: What I can and cannot do in Grow VC?

valto — Thu, 25 Feb 2010 17:56:49 -0000

Now the full details of the model is posted in the blog http://www.growvc.com/blog/...

this point: "You cannot make investments in the service." means that actions taken in our service are at the "intention" level and actual deal (investments with money transactions) is done via our certified partners, based on the intentions in our service.